Wednesday, November 13, 2024

Holdco to house Tata Motors' demerged CV, PV businesses

Tata Sons is restructuring Tata Motors by creating a holding company for its passenger and commercial vehicle businesses, which will be demerged into separate entities. This move aims to unlock value and enable independent capital raising for each business, with a potential listing of the electric passenger vehicle arm in the future.

from Auto-Industry-Economic Times https://ift.tt/7AdDCEV

No comments:

Post a Comment

Maruti Suzuki announces price protection for small cars booked till June 14

Maruti Suzuki India is offering price protection on its small car range until June 14, 2026. This initiative aims to shield entry-level buye...